Plus, Amazon agreed to sell some of its Chinese cloud assets to its Chinese partner. Qihoo 360 launched a short video app. NewsKr-Asia Daily: Singapore announced a $20 million grant to promote Fintech3 mins read
Plus, Razer saw a rise of 18 percent in their Hong Kong stock market debut. Qualcomm rejected Broadcom’s $103-billion takeover bid. NewsKr-Asia Daily: Shares in Qudian surged 9 percent in their U.S. stock market3 mins read
Convenience store is no doubt one of the buzzwords for the Chinese venture investment sector in 2017. NewsDeals | 7-Eleven of new retail era? Unmanned convenience store Xiaomaipu receives 1 million yuan investment3 mins read
Plus, Singapore’s stock market sees the biggest inflow in a decade. Uber is close to sell its $10 billion shares. NewsKr-Asia Daily: Alibaba’s shopping festival smashed its own record with $25.3 billion in sales.3 mins read
Coding is expected to be the third fundamental subject after Maths and English. Are the children prepared? NewsDeals | Tencent led Wonder Workshop’s $41 million funding round2 mins read
Plus, Alibaba is said to invest about $200 million in Indian online grocer Bigbasket. NewsKr-Asia Daily: Toutiao acquires Musical.ly for $1 billion.3 mins read